At MacMinn O’Reilly Mahon, we take a disciplined approach to risk appraisal and management, which seeks to identify, quantify and analyse risk on a given project. Following a complete study, a strategy will be developed to eliminate risk where possible and manage remaining risk.
The earlier MacMinn O’Reilly are involved in this process, the greater the opportunity to manage it effectively.
The key components to risk appraisal and management include:
- Risk identification
- Risk analysis
- Risk response
- Management action plan and register